The government of Burkina Faso encouraged the agricultural sector to begin the process of generating the soft commodity. But the boycott threat saw the farmers demand 500 CFA francs per kilogram, which was reduced to 255 CFA francs, according to Nouhanga Bonzi, a group spokesman. The group also agreed to reduce demands for fertilizer.

"They must begin production and we will continue discussions to find the solution," Laurent Sedogo, agriculture minister of Burkina Faso, told news service on Monday after meeting with farmers in Bobo Dioulasso, the nation’s second-largest city. "If not, we all lose."

Sedogo, when meeting with the farmers, noted the rainy season is set to begin so he asked the farmers to start sowing seeds in anticipation.

Late last month, the nation raised the price farmers would receive for cotton. The increase was 35 percent to 245 francs.

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This material is conveyed as a solicitation for entering into a derivatives transaction.

This material has been prepared by a Daniels Trading broker who provides research market commentary and trade recommendations as part of his or her solicitation for accounts and solicitation for trades; however, Daniels Trading does not maintain a research department as defined in CFTC Rule 1.71. Daniels Trading, its principals, brokers and employees may trade in derivatives for their own accounts or for the accounts of others. Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein.

Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.

You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. You should read the "risk disclosure" webpage accessed at www.DanielsTrading.com at the bottom of the homepage. Daniels Trading is not affiliated with nor does it endorse any trading system, newsletter or other similar service. Daniels Trading does not guarantee or verify any performance claims made by such systems or service.